Zip 49635 (Frankfort, MI) Cost of Living


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How much do I need to live in Frankfort, Michigan?
$6,660 / month
for a family, 23.3% more expensive than the national average A total of $79,920 for the year for a family.
$2,633 / month
for a single person, 44.8% less expensive than the national average A total of $31,600 for the year for a single person.

Frankfort cost of living score
89.2
Less expensive
10.8% lower
than the US average
2.5% lower
than the Michigan average
Frankfort (zip 49635), Michigan gets a BestPlaces Cost of Living score of 89.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 10.8% lower than the U.S. average and 2.5% higher than the average for Michigan.

Zip 49635 (Frankfort, MI)

Housing costs in Frankfort?
A typical home costs $417,600, which is 23.5% more expensive than the national average of $338,100 and 90.9% more expensive than the average Michigan home, at $218,700. Renting a two-bedroom unit in Frankfort costs $1,040 per month, which is 5.5% cheaper than the national average of $1,100 and close to the state average of $1,040.

Can I afford Frankfort?
To live comfortably in Frankfort (zip 49635), Michigan, a minimum annual income of $79,920 for a family, and $31,600 for a single person is recommended.

What does A.I. say about Frankfort?
49635 Frankfort, MI is an affordable place to live. The median home cost in the area is $167,400 which is lower than the national average. Additionally, the overall cost of living is 11% below the national average, making it a great place to start a budget-friendly lifestyle. Utilities such as electricity and water are also reasonably priced compared to other areas. All these factors make 49635 Frankfort, MI a great choice for those looking for an affordable place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesFrankfortMichiganUnited States
    Unlock91.5100.0
  97.1  Unlock100.0
    Unlock84.8100.0
  96.3  Unlock100.0
    Unlock$218,700$338,100
  91.1  Unlock100.0
    Unlock115.1100.0
  103.5  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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